Government economic decisions, reforms, budgets, and fiscal policy
Today, Tuesday, the Minister of State, Minister of Hydrocarbons, Mohamed Arkab, spoke with the Jordanian Minister of Energy and Mineral Resources, Saleh Ali Hamid Al-Kharabsheh.
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AL24 News - Algeria: Arqab discusses with his Jordanian counterpart ways to enhance bilateral cooperation in the field of hydrocarbons - news
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Algeria - The National People's Assembly participated in Washington in the opening ceremonies of the Global Parliamentary Forum of the International Monetary Fund and the World Bank, held on the sidelines of the spring meetings of the two financial institutions, according to a statement from the Assembly on Tuesday.
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The minister received the new general manager of Huawei in Algeria
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On Tuesday, the General Directorate of Taxes signed two cooperation agreements with both the National Gendarmerie and the Central Office for the Suppression of Corruption, as part of enhancing coordination between the bodies responsible for combating economic and financial crime, money laundering, and terrorism financing, and supporting efforts to protect the national economy and establish transparency. According to a statement from the directorate, the signing ceremony was supervised by Finance Minister Abdel Karim Boualzerd, Justice Minister Hafidh Al-Akhtam Lotfi Boujemaa, and the Secretary General of the Ministry of National Defense, Major General Mohamed Salah Ben Beicha, in the presence of the National Gendarmerie Commander, Major General Broman Sid Ahmed, at the Ministry of Finance headquarters. Watch the full content on Echourouk Online.
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The Algerian Desert Blend crude recorded an increase of 41.6% during March 2026, reaching $104.24 per barrel compared to $73.59 in February, amid a strong collective rise in the prices of Arab crude oils. According to a report issued by OPEC yesterday, global oil markets witnessed a significant jump in prices during the same month, with the average price of the OPEC basket rising by 71% to $116.36 per barrel, compared to $67.90 in the previous month, driven by escalating tensions related to the Iranian war and the accompanying disturbances in the Strait of Hormuz. Watch the full content on Echourouk Online.
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The National People's Assembly participated in Washington in the opening ceremonies of the Global Parliamentary Forum for the International Monetary Fund and the World Bank.
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The Food and Agriculture Organization (FAO) warned that the ongoing crisis in the Strait of Hormuz could lead to catastrophic consequences for the global food and agriculture sector, due to disruptions in fertilizer and energy exports, rising food prices, and declining crop yields. The organization stated yesterday, Monday, that any disruption in the flow of supplies through the vital strait would directly impact agricultural and food supply chains by affecting fertilizer flows and energy sources, which could lead to increased agricultural production costs globally and higher food prices in international markets. Read the full content on Echourouk Online.
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Oil prices declined in trading today, Tuesday, amid indications of a possible resumption of dialogue between the United States and Iran, which eased
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The Algerian Professional Office of Cereals has launched an international tender to purchase 50,000 tons of durum wheat, according to European traders, as part of efforts to secure food supplies and enhance the national stock. Traders explained, according to what Reuters reported, that the deadline for submitting bids is set for Wednesday, April 15, with these bids remaining valid until Thursday, April 16. View the full content on الشروق أونلاين.
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The Algerian Investment Promotion Agency discussed investment opportunities in the iron and steel sector with a delegation from the Egyptian 'Ezz Steel' group, proposing a project to establish a direct reduced iron (DRI) production unit in Algeria, as part of a strategy to expand activities towards creating an integrated industrial complex covering various stages of iron and steel production. These discussions took place during the agency's reception yesterday, Monday, of an Egyptian delegation that included several officials from the group, led by the managing director of Ezz Steel, Raed El-Beblawy, along with specialists in technical, legal, and developmental aspects.
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The proposal was studied by the Algerian Agency for Investment Promotion.
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